Monday, July 19, 2021

economy

Malaysia’s 2021 fiscal deficit to hover between 6.7-7 pct of GDP

KUALA LUMPUR: Malaysia’s fiscal deficit is expected to go up to between 6.5 and seven per cent of its gross domestic product (GDP) this year from the six per cent targeted earlier, after factoring in the recent stimulus packages...

Asean-US must focus on reigniting economies impacted by Covid-19

PUTRAJAYA: Asean and the United States (US) must focus on reigniting their economies and reversing the damages brought by Covid-19 pandemic, said Senior Minister of Foreign Affairs Datuk Seri Hishammuddin Tun Hussein. Speaking at the Asean-US Foreign Ministers’ Meeting held...

Govt functioning well, doing its best to combat Covid-19

JELI: Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said the government administration is still functioning well in working towards economic recovery and ensuring that the people are protected during the Covid-19 pandemic. He said despite the...

New cabinet appointments won’t rock the boat, as long as people’s health, economy under control

By Nurul Hanis Izmir and S. Kisho Kumari KUALA LUMPUR: With new cabinet appointments, the Perikatan Nasional (PN) government looks totally committed to bringing the Covid-19 pandemic under control while ensuring the economy forges ahead despite hiccups and fragilities of...

Malaysia records 26 pct jump in Jan-May trade to RM867.4 bln, trade surplus soars 112.2 pct

KUALA LUMPUR: Malaysia’s total trade grew by 26 per cent year-on-year (y-o-y) to RM867.4 billion in the first five months of 2021, the Ministry of International Trade and Industry (Miti) said. Trade surplus surged by 112.2 per cent to RM92.79...

Monthly assistance via e-wallet can help boost economy

KUALA LUMPUR: The government should consider channelling monthly assistance in the form of e-wallet credit to the targeted group throughout the National Recovery Plan period in an effort to stimulate the economy, according to an economist. Universiti Putra Malaysia School...

Sabah, Sarawak play major role to revitalise BIMP-EAGA

KOTA KINABALU: Sabah and Sarawak play a major role in revitalising the Brunei-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) as potential solutions for socio-economic recovery. Minister in the Prime Minister's Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili said...

Higher starting salary for graduates by middle of the year

JEMPOL: The starting salary for graduates entering the job market is expected to be higher by the next three or four months with the country’s economy seen recovering, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa...

Malaysia’s economy to remain on positive growth trajectory despite uncertainty on global front

KUALA LUMPUR: Malaysia’s economy is expected to remain on the positive growth trajectory moving forward despite uncertainty on the global economic front, as the country still has ample liquidity buffers. Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr...

Pick-up in crude oil prices, global chip shortage to drive Malaysia exports

KUALA LUMPUR: The pick-up in oil prices and the global shortage of semiconductors will drive exports for Malaysia’s key sectors in the coming months, said Moody’s Analytics. Economist Denise Cheok said despite the country has extended its movement control order...
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Firefighters go beyond duty to aid mum

BAU: When firefighters are not dealing with fires, floods or any sort of emergencies, they will be busy helping...
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